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Two firms compete in a market to sell a homogenous produce with inverse demand function P = 400 - 2Q. Each firm produces at a constant marginal cost of $50. Use this to compare the output and profits in settings characterized by Cournot, Stackelberg, Bertrand, and collusive behavior
Alternatively, suppose that the temporary increase in government purchases is for infrastructure (roads, sewers, bridges, etc) rather than for military purposes. The government spending on infrastructure makes private investment more productive, i..
Consider the impact of unemployment benefits on the labour market. How is a more generous unemployment benefit likely to affect wage setting, search effort among unemployed job searchers, and the rate of unemployment.
Illustrate what environmental factors or trends, (technology, social, political, demographic, global, etc. ) do you believe will have the greatest impact on critical thinking at work or in another area of your life.
Suppose that your business or organization has obtained a reliable growth forecast of the U.S. and local economies for calendar year 2013. Nature of my Business: I run an Automotive Paint Store that sells paint to the Independent Body Shops.
The equilibrium price for physiotherapy visits is $30 and the quantity utilized is 150 visits as a result of the demand and supply conditions in this diagram. The state legislature is concerned that the current price does not give the physiotherap..
Could you help me by answering in paragraphs and also can you provide me the sources and how to locate the article.
The demand schedule (or demand function or curve) for a good shows the total quantities (Q) that buyers are willing and able to buy at various prices (P) in some period of time. For example, here is a demand function illustrating the very special
f she feels that the fist pound of potatoes is worth $1.50, the second pound is worth $1.14, the third pound is worth $1.05, and all the subsequent pounds are worth $0.30, how many pounds of potatoes will she purchase?
Illustrate what would happen to the demand for iPhones if consumer income rises by 10%. Be specific. Are iPhones a normal or an inferior good.
Suppose if 100$ million in excess reserves are made available to banking system, by how much can the banking system increase the money supply?
Explain how do you define social diversity and business ethics. How has a more diversified labor force affected the corporate structure and economy.
Government needs to eliminate the gap by changing expenditures. What policy would you suggest.
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